Search results

get a clue dudes. None of you will ever trade for Steve Cohen or any hedge fund similar to SAC. He won't even look at you unless you are making 50K-100K per Month net, consistently for at least a few years. Also, no one on these chatboards makes that kind of dough from their own trading...

last traded in 2002, correct. although the order execution process has changed for sure, technicals/candlestick patterns/behavioral psychology of institutions has been and always will be the same. I don't scalp bid-to-offer to make a few pennies. I find a sector and/or a few stocks that are...

I guess you didn't read my original post, about having a base salary to live on. You CAN'T trade for rent money - that's a professional/psychological disaster. So, since I need my savings to guarantee that my rent gets paid every month, you'll put up the capital. In exchange, you'll get a...

I have yet to meet more than a very small handful of equity daytraders who actually make a consistent 25-50K per month in the markets (not overrides/group trading or anything else, just pure trading on their own ideas). If you are interested in bringing on someone with my track record (see my...

Time frame of my track record was Aug 2001 to Nov 2002. And I tend to trade from the long side, so in a sideways to down market I'd say it wasn't the vix that caused me to do well on a percentage return basis. I also traded at first ny in 1995-96 with similar 40% returns on a little larger...

Traded at worldco, made over $50K net in about 16 months of trading using no more than $100K in average daily capital. Worst month was down $2K net. Very consistent. 81% positive trading days. Not interested in putting up my own capital (I need it to pay my monthly living expenses since there...

Although the hedge fund example I give is not daytrading (hedge funds of course hold positions for weeks/months at a time), your response makes the most sense out of all responses so far. I will need to approach a firm that will spot me at least 1 to 2 million in trading capital and not have a...

I am talking about working as a trader for an established hedge fund with at least $100 Million under management (a very small $ amount these days). I receive a base salary of say 100K, and a bonus that is typically 10% of my profits. So, if I am responsible for $30 Million of capital and can...

Hedge fund traders aren't asked to put up capital, and they make a base salary. Hedge fund traders can take any time frame they see fit on a given position, and have unfettered access to systems, research tools, etc. What's the advantage of working for a daytrading firm? Are daytraders...